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Wall Street Breakfast: Must-Know Newsby SA Editor Rachael Granby- Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought.
- Government considers next steps. As the financial crisis continues to worsen, the U.S. government is considering two dramatic steps to turn around, or at least slow, the damage: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. The moves, which would mark the government's most extensive intervention to date, are in discussion stages only.
- Credit stays frozen. As frozen credit markets refuse to thaw, the cost of default protection on corporate bonds reaches new global records amid investor concerns the credit crisis will trigger corporate failures as companies struggle to finance their businesses. Interbank lending remains limited, and borrowing from the Fed's expanded discount window continued its trend of setting new highs every week, as the total daily average rose to $420.2B vs. $367.8B last week.
- Oil demand withers. The International Energy Agency warned Friday worldwide oil demand...
- The Macro View -SampleSeeking Alpha - The Macro ViewMarket Outlook
- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- Long Term, Financials Look Good by Michael Filloon
- Round 3 of the Recession: Main Street by Paul Fekula
Oil Price- Oil Below $75: Increased Chance of OPEC Production Cuts by Money Morning
- Oil Down 48% from Highs by Bespoke Investment Group
- Oil & Gas Headed Lower as Economy Strikes Consumers by Michael Filloon
Economy- Long Term, Financials Look Good by Michael Filloon
- Round 3 of the Recession: Main Street by Paul Fekula
- Reality Bites As Stocks Continue To Collapse by The Mole
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- Farewell Financial Bear Raids - Cramer's Mad Money (10/14/08) by SA Editor Joan Wickham
- Better Picks - Cramer's Lightning Round (10/14/08) by SA Editor Joan Wickham
- Perhaps Industrials... Cramer's Stop Trading! (10/14/08) by SA Editor Joan Wickham
Long Ideas- Utilities Beginning to Generate Interest for Longs by Joe Kunkle
- The Long Case for Encore Capital by Value Investor Insight
- 2009: The Year of the Channel for SaaS Vendors? by Jeff Kaplan
- Two Global Infrastructure Investment Opportunities in ETFs by Investment U
- Market Behaves Sanely - Fast Money Recap (10/14/08) by SA Editor Joan Wickham
Short Ideas- Why Short Sellers Are the Heroes of Wall Street by Investment U
- Salesforce.com: Pricey and Coming Down Fast by Charlie Bottle
- Google: 3Q Results Reveal Chinks in the Armor by Mark Krieger
- Jim Cramer's Picks -SampleBetter Choices - Cramer's Lightning Round (10/15/08)by SA Editor Rachael GranbyStocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.Bullish Calls:Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.Bearish Calls:Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."Email continues...
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend. - Stocks & Sectors -SampleSeeking Alpha - Stocks & SectorsInternet
- eBay: Q3 Looks Good but Q4 Guidance Disappoints by Greg Feirman
- Is Google Feeling Lucky? by Sam Gustin
- Why Today Could Suck for Tech by Kevin Maney
Media- A Triple Financial Whammy Afflicts Newspapers by Ken Doctor
- Three Years On, Buying MySpace Looks Like One of Murdoch's Smartest Bets by Erick Schonfeld
- How Will Arbitron Fare in This Market? by Sreeni Meka
Telecom- Ten Ways to Invest in Louisiana by Stockerblog
- Earnings Preview: Electro-Optical Engineering by theflyonthewall.com
- Shared Docks Via WiFi All the Rage by Dean Bubley
Financial- Switzerland Strengthens Its Banks; Short Interest Remains Low by Jessica Johnson
- Reality Bites As Stocks Continue To Collapse by The Mole
- LIBOR Shows Worst Is Yet to Come for Credit Markets by Keith Fitz-Gerald
- Global Markets -SampleSeeking Alpha - Global MarketsChina
- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- USANA Health Sciences Inc. Q3 2008 Earnings Call Transcript
- Perfect World Announces Share Repurchase Program by Trader Mark
- China: Hot Money Inflows Down, Nervousness Up by Michael Pettis
India- Indian Economy Has Much to Cheer About by Equitymaster
- India: RBI Cuts Cash Reserve Ratio by Equitymaster
- India: Markets Continue Downward by Equitymaster
Japan- Sanyo Enters Thin-Film Market, Goes Up Against Sharp by Greentech Media
Asia- Four International Dividend Stocks to Watch by David Hunkar
Eastern Europe- Reality Bites As Stocks Continue To Collapse by The Mole
- Alternative Energy Investing -SampleSeeking Alpha - Alternative EnergyAlternative Energy
- Seven Stocks for an Impending Apocalypse by H.J. Huneycutt
- Solar Shares Under Pressure From Credit Crunch and Pricing by Eric Savitz
- Trina Solar Looks Good, Though Market Yawns by Trader Mark
- The Electric Car Market: Wise Energy Use Stocks by Tom Konrad
- Investing in the Power of the Sea
- ETF Daily -SampleSeeking Alpha - ETF DailySector ETFs
- Too Early To Buy Homebuilders ETF by Larry MacDonald
- Utilities Beginning to Generate Interest for Longs by Joe Kunkle
- Two Global Infrastructure Investment Opportunities in ETFs by Investment U
New ETFs- First Trust Launches Infrastructure ETF with Global Reach by Index Universe
- Overview and Analysis of the Global Generic Drug Industry by Mike Havrilla
Emerging Market ETFs- Brazil Is the Best of BRIC by Carl T. Delfeld
- Playing the Market in Difficult Times by Jason Hamlin
- The Daily Dispatch -SampleSeeking Alpha - Daily DispatchWall Street Breakfast
- Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby
US Market- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby
Housing & Real Estate- Too Early To Buy Homebuilders ETF by Larry MacDonald
- Another 'Root Cause' That Isn't: Tumbling Home Prices by Tim Iacono
Transcripts- TrueBlue, Inc. Q3 2008 Earnings Call Transcript
- Polycom, Inc. Q3 2008 Earnings Call Transcript
ETF- Too Early To Buy Homebuilders ETF by Larry MacDonald
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Latest Comments52 Comments
Outing Sirius CEO Karmazin Is a Crazy Idea
Outing Sirius CEO Karmazin Is a Crazy Idea
Sirius Investors Face Difficult Decisions: It All Boils Down to Faith
I will vote no on RS and New stock issuances and i want to see Mel earn that bonus that i just took a hit for. how much more can he hit us at this point.
Sirius Investors Face Difficult Decisions: It All Boils Down to Faith
My point is: Why do these company heads not make the same sacrifices as their shareholders. I have earned the right to speak here as i myself hold 50,000 shares of this stock and as i said "I ate Ramen noodles to make available the funds to feed these BONUS's"
My opinion is this, It would be suicide for SIRI MGMT to default on its shareholders as this new administration would step in quickly to set an example of them especially in the market we have today of so much deceipt. Fortunately for us, the president wants to be reelected and us COMMONFOLK butter his bread every day not Mel's one vote.
Sirius Investors: Decline in OEM Take Rate Something to Watch
Sirius Investors: Decline in OEM Take Rate Something to Watch
Right now there is no way to explain the stock price other than manipulation from offshore hedgefunds who could care less whether you or i go to the crapper or not. Hopefully this administration will take some focus on this illegal manipulation and send a few people to jail that have been helping their cause.
Its just another storm that has to be weathered. This stock is down and as you can see almost everything in the market is. Alot are below their CASH value. None of this makes sense. I think if you have money to invest then reposition yourself and buy while its low. But thats just me.
Three Reasons for Sirius Aggravation
These organizations pray on weaker companies and at this point most of the companies in the market look weak. Once the naked shorts are stopped for a few months then recoveries will take place and their will be billions more in the hands of the investors themselves which will flow back into the economy further boosting it and sales and so on...
Please email your Congress and Senate leaders today. Lets see what happens.
Analysts Weigh in on Sirius' First Quarter as a Merged Company
Sirius Reverse Split Only "to Satisfy Listing Requirements"
Is Wienkes Hobbling Sirius XM?
Is Sirius Worth Anything? Goldman Says 25 Cents
How can i get proactive here and get involved in a solution?
Karmazin Video Provides Some Sirius Answers
Karmazin Video Provides Some Sirius Answers
Anyways back to business. I think that these company heads take advantage of a quick buck just like the rest of these bankers have. But i think the plan was to run this company into bankruptcy but now it would put too much light on them after the nations bankers took so many to the cleaners so all they could do at this point is short it to the level they wanted and ride it back up. I thinks Mel will get his (bonus) in a brown paper bag and we will all move on. I think to put this company into banruptcy now would be jail time for a bunch of folks with the market conditions the way they are and federal regulators on everyones doorstep.
Are we getting anywhere or just babling?
Karmazin Video Provides Some Sirius Answers
People are already building Solar panels in their backyards which makes you wonder about investment opportunities in companies that make them. Check out EBAY. You can buy build-it-yourself kits there right now. This also makes you wonder about Energy stocks.
Karmazin Video Provides Some Sirius Answers
I think this is market conditions escalated by short selling. thats it. Retail is down everywhere. People are jumping which is stupid, causing further turmoil. I think that this stock moved today for a reason and thats because people want to own this stock more than people want to dump it. Sales period are down and this company is growing in a very grim market and i think this stock will start to steadily climb back into territory soon. The only downfall for us will be dilution and reverse split. I dont think there are conspiricy theories behind this. I think at the end of the day we were on the wagon that rolled down the hill a little too far and has a little further to regain its elevation back up the hill. I think the shorts tried to push this company into bankruptcy which were the bond holders(GS) and the fact that it survived is a true testament of its strength. Will we get rich tomorrow? I dont think so but i think we will all have our cake in a few years or so. I can wait. I'd rather be here reguardless. I say buy more and improve your position for the move upward.
But what do i know?